SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
UNITED SERVICES AUTOMOBILE ASSOCIATION

(Last) (First) (Middle)
9800 FREDERICKSBURG RD

(Street)
SAN ANTONIO TX 78288

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TrueCar, Inc. [ TRUE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/01/2016(1) S 171,000(2)(3) D $7.2271(2)(3) 10,461,346 D
Common Stock 06/02/2016(1) S 29,000(4) D $7.2509(4) 10,432,346 D
Common Stock 1,633,347 I USAA Property Holdings, Inc.(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
UNITED SERVICES AUTOMOBILE ASSOCIATION

(Last) (First) (Middle)
9800 FREDERICKSBURG RD

(Street)
SAN ANTONIO TX 78288

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
USAA Property Holdings, Inc.

(Last) (First) (Middle)
9800 FREDERICKSBURG ROAD

(Street)
SAN ANTONIO TX 78288

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The transactions reported on this form were executed pursuant to a 10b5-1 plan adopted as of August 26, 2015.
2. Execution Breakdown of Price/Sold Shares: (continuation will be included in footnote #3) PRICE SOLD SHARES $7.12 2,000 $7.13 1,590 $7.14 1,200 $7.145 400 $7.15 100 $7.155 600 $7.16 2,129 $7.165 100 $7.17 9,055 $7.175 5,000 $7.179 200 $7.18 23,337 $7.185 2,900 $7.19 11,179 $7.195 2,600 $7.20 9,269 $7.205 2,700 $7.21 6,452 $7.215 1,900 $7.22 13,590 $7.225 2,500 $7.23 8,054
3. Execution Breakdown of Price/Sold Shares: (continuation from footnote #2) PRICE SOLD SHARES $7.235 1,556 $7.24 8,200 $7.2425 200 $7.245 3,600 $7.25 9,944 $7.255 100 $7.26 4,700 $7.265 800 $7.27 3,740 $7.275 380 $7.28 1,600 $7.285 1,900 $7.29 6,100 $7.295 1,900 $7.30 3,101 $7.305 600 $7.31 3,800 $7.315 1 $7.32 800 $7.33 1,600 $7.34 3,823 $7.345 100 $7.35 900 $7.355 500 $7.365 200 $7.3675 100 $7.37 400 $7.38 1,200 $7.385 100 $7.39 100 $7.405 1,100 $7.41 100 $7.415 200 $7.48 100 $7.57 600
4. Execution Breakdown of Price/Sold Shares: PRICE SOLD SHARES $7.18 200 $7.185 900 $7.19 1,300 $7.195 100 $7.20 600 $7.205 900 $7.21 300 $7.215 200 $7.22 1,900 $7.23 2,100 $7.235 677 $7.24 2,587 $7.245 900 $7.25 2,700 $7.255 1,300 $7.26 2,902 $7.265 1,700 $7.27 2,600 $7.28 1,034 $7.29 1,100 $7.30 500 $7.31 200 $7.32 800 $7.33 400 $7.34 1,100
5. USAA Property Holdings, Inc. is a wholly owned subsidiary of United Services Automobile Association.
/s/ Douglas I. Ward, Vice President and Chief Investment Officer 06/03/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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